Billet prices in China

150 mm x 150 mm Q195-Q235 billets are currently being sold in RMB 2,820-2,930/mt ($355-369/mt) range including 17 percent VAT and 90-day deferral in local Chinese markets. Meanwhile, 150 mm x 150 mm 20 MnSi billets are being sold in RMB 2,900-2,950/mt ($365-368/mt) range in local Chinese markets. Recently, the prices have increased slightly. The price difference of Q195-Q235 billets between various regions is wider because the demand for these products is sharper in certain regions. However, the demand for 20 MnSi billets is low; therefore, they cover a small price range at a relatively weak level.